The Melgrano
- Apartments
- Bedrooms
- On request
- Size
- 7,283 sqft
- Payment plan
- On request
- Completion
- 6%
- Available
- On request
- Handover
- Q4 2026
About The Melgrano
Architecture & Building Structure
The Melgrano is a single residential building on the Dubai Water Canal, configured as basement plus ground floor, mezzanine, seven upper floors, and a roof level. The structure is concrete with block construction, finished to a modern standard both internally and externally. Across all floors the building delivers 14 residences, each with a private entrance lobby. Panoramic views of the city skyline and the waterfront are available from the upper floors.
Residences & Interior Design
Each residence at The Melgrano is designed around a clear separation of function and form, with layouts configured to support everyday modern living without sacrificing spatial quality. Finishes are specified to a consistent standard across all units, and the detailing throughout is aligned with the building's overall architectural brief. The private entrance lobby reinforces a sense of exclusivity that is appropriate for a 14-unit building of this scale.
Lifestyle & Amenity Offer
The Melgrano's amenity programme is focused on privacy and resident wellbeing. Private amenities are integrated into the building to support relaxation and personal retreat, and communal spaces have been designed to accommodate hospitality and social interaction at a scale suited to a boutique residential building. The waterfront is accessible within a short walk of the building entrance, connecting residents directly to one of Dubai's most active canal-side corridors.
Investment Case
With only 14 units across the entire building, The Melgrano sits in a segment of the Dubai residential market where supply is structurally constrained. As an exclusive off plan project in Dubai Water Canal, it benefits from a prime waterfront address within a mature and established zone that attracts consistent occupier and investor demand. The Dubai Water Canal location further enhances its appeal through limited canal-facing inventory and proximity to key lifestyle and business destinations. Construction started in November 2024, with DLD records indicating a project end date of December 2026, giving buyers a defined delivery timeline against a registered escrow account held at Abu Dhabi Commercial Bank..
Key highlights
- Only 14 residences across a single boutique canal-front building
- Dubai Water Canal address in the Jumeirah corridor
- Concrete and block structure with full internal and external finishes
- Private entrance lobby and panoramic city and waterfront views
- Registered escrow with Abu Dhabi Commercial Bank
- DLD project end date December 2026
Why this project
- 14-unit boutique canal-front building in Jumeirah, concrete construction, private lobby per residence, handover Q4 2026.
Amenities
- •Private entrance lobby
- •Waterfront access
- •Panoramic city views
- •Rooftop level
- •Mezzanine common areas
- •Hospitality and entertainment spaces
- •Private resident amenities
Location
Dubai Water Canal Address
The Melgrano sits on the Dubai Water Canal in the Jumeirah corridor, one of the city's established low-rise residential and retail zones. Located among some of the most desirable areas in Dubai, the project benefits from close proximity to Business Bay, City Walk, and the Safa Park green belt, all within a short drive. Sheikh Zayed Road is accessible within minutes, connecting residents to both Dubai Marina and DIFC directions while offering convenient access to the city’s major business, leisure, and lifestyle destinations.
Project information
- Developer
- Meraas
- Location
- Dubai Water Canal
- Handover
- Q4 2026
- Total units
- 14
- RERA Escrow
- Abu Dhabi Commercial Bank
- DLD Project #
- 2759
DLD-verified today
Project intelligence
Live DLD dataReal Dubai Land Department transactions and rent contracts — not developer marketing.
The Melgrano — handover progress
6%Dubai Water Canal market
2 br · 191 sales analyzed
Indicative gross yield
At the starting price of AED 4,000,000, typical rent for a 2 br in Dubai Water Canal (AED 220,000/year, ~AED 18,300/month) implies a 5.5% gross yield.
Based on 193 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.
Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
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